1410 articles tagged with this keyword
News/Mergers and acquisitions
Private equity group Vista has sealed a C$4.8 billion deal to acquire Canadian financial software house DH Corp and merge it with fellow portfolio company Misys.
13 March 2017
JPMorgan Chase has acquired the technology behind failed merchant-backed mobile payment service CurrentC.
BankMobile, a digital banking startup for millennials and the underbanked, is being sold by parent Customers Bank to Florida-based Flagship Community Bank for $175 million in cash.
08 March 2017
The UK's Competition Appeal Tribunal (CAT) has upheld a ruling that Intercontinental Exchange must sell Trayport, the energy trading technology shop it acquired for $650 million in December 2015.
06 March 2017
Euronext has upped its investment in fixed income technology outfit Algomi, spending $10 million on a minority stake in the business and expanding its planned European joint venture globally.
03 March 2017
As the £21 billion London Stock Exchange-Deutsche Bourse merger nears collapse, speculation is mounting that a fallout over the location of the combined group's headquarters - not the LSE's stake in Italy's MTS - is behind the deal's failure.
28 February 2017
Euclid Opportunities, the financial technology investment business of NEX Group, has invested in institutional research outfit RSRCHXchange.
23 February 2017
Ant Financial's bid to create a globe-straddling payments behemoth continues with a $200 million investment in Kakao Pay, a soon-to-be launched mobile finance subsidiary from South Korean m-commerce platform Kakao.
21 February 2017
Ant Financial, the financial services arm of China's Alibaba, is taking a stake in Mynt, a mobile payment and credit service owned by Philippine mobile operator Globe Telecom.
20 February 2017
PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.
15 February 2017
Swiss core banking vendor Temenos is to buy Australian partner Rubik for US$50 million.
Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.
14 February 2017
Thomson Reuters has moved to strengthen its KYC management services and legal entity data by buying Clarient and Avox from the DTCC and its bank partners. Financial terms were not disclosed.
06 February 2017
Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.
Online lender SoFi is stepping up its efforts to take on America's banks by buying fellow fintech player Zenbanx, enabling it to offer checking accounts, credit cards and international money transfers. Financial terms were not disclosed.
01 February 2017
BNP Paribas Securities Services has taken a minority stake in Fortia Financial Solutions, a software company which uses artificial intelligence, machine learning and business process monitoring to help the fund industry meet rising compliance requirements and manage mounting volumes of data.
30 January 2017
China's Ant Financial is flexing its international muscle by agreeing to buy US money transfer service MoneyGram in a cash deal worth $880 million.
26 January 2017
Nasdaq-listed mobile payments outfit Net1 has agreed a deal to acquire a 30% stake in Lichtenstein-based Bank Frick, providing a new reverse buy-out model for co-operation between fintech firms with technological know-how and incumbents seeking to develop new digital business strategies.
24 January 2017
Daimler Financial Services is acquiring Luxembourg-based e-money institution PayCash Europe under plans to build its own electronic payment service using the 'Mercedes pay' brand name.
18 January 2017
Motive Partners, a fintech investment vehicle backed by veterans of the global financial technology industry, has made its first deal, investing $7 million in FX compression outfit LMRKTS.
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